Conspiracy to destabilise LTL Holdings alleged

Politically motivated groups and rival interests are working together in a conspiratorial bid to destabilise LTL Holdings, senior members of the company's staff trade union charged on Sunday, dismissing recent allegations against the firm as part of a coordinated smear campaign.

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Addressing a media briefing in Colombo, Lanka Transformers Company Limited Staff Trade Union Secretary Kithsiri Egodawatte said politically aligned actors and competing institutions were behind a group "falsely claiming to represent LTL employees," asserting that none of those individuals had any connection to the company.

Egodawatte said those factions were attempting to tarnish the company's reputation and undermine an institution that had contributed significantly to the national economy and continued to generate strong dividends. He accused the groups behind the "Let's Save LTL from Robbers" campaign of spreading deliberate misinformation in an attempt to fracture the institution.